Lantis Laser Inc. – Affordable for Dentists’ Offices
Dental Disease Prevalent in Society
Lantis – StockGuru Profile Lantis – OTC: LSSR.PK
Will the Target Market Find the Lantis Laser to be Cost Effective? Dentist’s income is on the rise. Dental students today will want the newest technology and that’s Lantis Laser. With the income to afford modern technology and potential revenue from health and dental insurance focus on prevention Lantis Laser delivers a product that will be cost effective to purchase and deliver cutting edge technology for early detection of decay and periodontal disease.
Number of Dentists Increasing and Their Income Increasing
Lantis is targeting its OCT System through major distributors that have worldwide distribution. The target retail price for the OCT System is under $20,000 which puts it within reach of the majority of dentists. According to the Bureau of Labor Statistics Occupational Outlook Handbook, 2006-07, there are 150,000 licensed in the United States.
Lantis’ management is highly confident that a market penetration of 5% can be achieved within four years of commencing marketing in the third quarter of 2008. Projected sales, at ex factory price, would amount to nearly $150 million for Lantis over this period.
The reality is that many dentists today earn more than primary care physicians and will be able to afford an OCT system. The managed-care reforms of the mid-1990s left physicians with more patients, more office visits and cut-rate fees. Their reimbursements have remained flat and their overhead has increased.
A dentist can easily charge $1,200.00 for a bridge and perform the work in an hour and a half. Ninety-two percent of all dentists are in private practice which makes them a candidate for the Lantis Laser.
Potential for Health Insurance Reimbursement Expanding DailyHealth insurance carriers are recognizing additional cleanings, gum treatments and prescription mouth washes can reduce the incidence of other health problems down the road. The emphasis on preventive care is the result of an increasing number of studies linking oral health to general health and well being. This means prevention will become a top priority in dental offices and the Lantis Laser has the potential to be the first line of defense where prevention is concerned.
Cigna Corp.’s Oral Health Integration Program, implemented earlier this year, covers additional deep cleanings known as scaling and root planing during pregnancy at no extra cost, or an additional regular cleaning (over the usual two a year) for pregnant women who don’t require scaling and root planing. A similar benefit is available for patients in Cigna’s diabetes and cardiac-care disease-management programs.
In March, Washington Dental Service, a member of the Delta Dental Plans Association, introduced enhanced benefits, including coverage of antimicrobial mouthwashes for pregnant women, to its members in 2,000 companies in the state. Aetna Inc., with 8.8 million members who have both dental and medical coverage, has conducted pilot programs designed to get pregnant women and people with chronic disease to visit a dentist. The company expects to offer a third regular cleaning each year, or additional deep cleanings as needed, to all such at-risk patients next year.
Blue Cross Blue Shield of Michigan in Detroit, Glenn Melenyk, dental consultant noted that medical costs can be conserved by getting people to have dental care at the right time in their lives. The insurer, with 1.1 million dental members, started pilot programs in 2005 that cover an additional regular cleaning per year for diabetics and heart patients. In July, it expanded the pilots to include pregnant women who obtain a coupon from their obstetrician.
The enhanced benefits come at a time when many employers are under pressure to cut medical costs. But big employers are signing on. Some health plans are offering the extra coverage at no additional cost to employers or employees. Washington Dental says it achieved this by cutting back coverage of other services for which there is less evidence of benefits, such as routine X-rays. Currently, insurers say, dental care makes up only about 4% of employers’ overall health-care budget.
Insurers who offer both dental and medical-care coverage say they expect that spending more on preventive dental care will yield big savings on the medical treatment of costly chronic illnesses. Insurers that offer only dental coverage expect to save money on periodontal surgery. Stand-alone plans also say they want to be more attractive to workers, who increasingly have to pay all or part of their dental-insurance costs themselves as more employers make group dental a voluntary rather than an employer-paid benefit.
Dentist’s income is on the rise and health and dental insurance shows a trend in focusing on prevention. Lantis Laser delivers a product that will be cost effective to purchase and deliver cutting edge technology for early detection of decay and periodontal disease.
Lantis Laser is part of the progress in not just dentistry but general health as well!
Lantis Laser provides a crucial tool for prevention!
Source: Lantis Laser Inc., American Dental Association and American Dental Students Association
Contact: Lantis Laser Inc.
Stan Baron,President and CEO
11 Stonebridge Court
Denville, NJ 07834
Tel: (203) 300-7622
Forward-Looking Statements: Certain statements in this press release, including statements regarding the anticipated development and expansion of Lantis’ business, and the intent, belief or current expectations of Lantis, its directors or its officers, are forward-looking statements. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statement
Disclosure: Pentony Enterprises LLC was compensated $27,000 and 70,000 restricted shares directly from the company and 55,000 free trading shares from a non controlling third party for profile coverage. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this. Pentony Enterprises no longer holds shares.
StockGuru.com is owned and operated by Pentony Enterprises LLC, 9555 Lebanon Road, Suite 103, Frisco, Texas 75035. Telephone: (214) 458-4258. Web: StockGuru.com. Email: Publisher@stockguru.com .
S&P GICS: 35101010
Sector: Industrials – Health Care Equipment
